The QQQ reached the MS1 Level at 300.47 within the first 15 minutes of trading. As mentioned many times, this should be considered a ‘Fast Move’. Fast moves tend to be the…
Category: IDMM-ETFs
The Intra-Day Momentum Method as applied to ETFs.
IDMM-ETF Results December 1, 2020
None of the ETFs reached any levels from The Intra-Day Momentum Method during today’s trading session.
IDMM-ETF Results November 30, 2020
The SPY and QQQ reached the MS1 Level down around 10:15 AM. Both ETFs moved considerably lower rather quickly. The QQQ’s ‘Fast Move’ reached the MS2(296.50) and proceeded to the MS3(295.10) Level…
IDMM-ETF Results November 27, 2020
In a holiday-shortened trading session, none of the ETFs met any levels during today’s session.
IDMM-ETF Results November 25, 2020
The DIA reached the MS1 Level at 298.63 and pulled back slightly. The DIA closed just above the MS1 Level. The QQQ and SPY traded in narrow ranges as neither ETF reached…
IDMM-ETF Results November 24, 2020
None of the ETFs reached IDMM-HP levels during today’s trading session. On November 23, the SPY became an Intra-Day Reversal as both the ML1 and MS1 were reached in the same trading…
IDMM-ETF Results November 23, 2020
The SPY and DIA reached the ML1 Level up in the first 30 minutes of trading. Both of these were of the IDMM-HP version at that time. The SPY reached the MS1…
IDMM-ETF Results November 20, 2020
All three market-based ETFs (DIA, SPY, and QQQ) met the MS1 Level down in late afternoon trading. All three closed below the MS1 Level.
IDMM-ETF Results November 19, 2020
None of the market-based ETFs reached any levels during today’s trading session. The QQQ was an intra-day reversal on Wednesday. Back-to-back intra-day reversals are not likely. This is another part of our…
IDMM-ETF Results November 18, 2020
The SPY reached the MS1 Level Down @ 359.18. This was the IDMM-HP signal. The SPY then rallied back up to 360.06. After the rally, it returned lower, reaching the MS2 Level…